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Wholesale Price Inflation Hits Record High Of 15.88% In May

-NDTV.com Wholesale price-based inflation rose to a record 15.88 per cent in May, it highest under the current series launched in 2012, government data showed. Wholesale price-based inflation (WPI) rose to a record 15.88 per cent in May from a year ago, its highest in the current series launched a decade ago, government data showed on Tuesday. That suggest despite a softer reading in May's retail price pressures data on Monday, it would...

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Fact check: Adityanath’s claim about Uttar Pradesh’s unemployment rate doesn’t add up -Factchecker team

-Scroll.in The state’s unemployment rate never touched double digits in 2017, and instead of a drop, data shows there has been a 29% rise during his tenure. Uttar Pradesh Chief Minister Adityanath, in a speech addressing the UP Investors Summit in Lucknow on June 3, claimed that since the Bharatiya Janata Party government came into power in the state in 2017, the unemployment rate had fallen from 18% to 2.9%. He attributed the...

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Sowing it right

-The Hindu Business Line MSP signalling in favour of oilseeds, pulses should be backed up by credible procurement steps In announcing the minimum support prices for the kharif season, the Centre has rightly stuck to its plan of trying to wean away acreage from rice, particularly in rainfed areas, to pulses and oilseeds. This has been its policy since 2015, and it has resulted in output gains and increased acreage in pulses,...

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Telangana: Jowar farmers in Adilabad demand govt procurement -Anjana Meenakshi

-Siasat.com Despite petitions being submitted to officials including the Adilabad district collector as well as select MLAs, there has been no concrete response from the government. Hyderabad: Jowar farmers of Adilabad district in Telangana on Monday blocked main roads to protest against the state government’s refusal to procure jowar (sorghum). The Jowar farmers in the district have time and again claimed that the Telangana government over the last four years has been unwilling...

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Why are global wheat prices rising so much? -Jayati Ghosh and CP Chandrasekhar

-The Hindu Business Line The Ukraine war is not the sole driver of global wheat prices. Speculative activity has played a bigger role and policy inaction on that front can prove fatal The global food crisis has now grown to such proportions that everyone is talking about it (even though world leaders are doing relatively little about it). It has become an article of faith to blame the war in Ukraine for...

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